Just as European authorities look set to take a friendlier approach to certain kinds of securitization, providing some much-needed relief, the industry faces a new challenge: negative interest rates.
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Sallie Mae is making more student loans that it can keep on its balance sheet
May 21
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Benjamin Lawsky will step down next month as New York's top bank regulator after four years, during which he threatened to take away the U.S. charters of some of the world's biggest banks.
May 20 -
Fannie Mae is planning to follow the lead of its rival, Freddie Mac, and offer securities with exposure to actual losses on the single-family mortgages that it ensures.
May 19 -
Student loan borrowers are in serious need of better communication with loan servicers and clearer information about their servicing options, regulators were told last week.
May 19
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Wendys Company priced a $2.275 billion securitization of its franchise fees via WEN Series 2015-1.
May 19 -
BBAM Aircraft Leasing plans to issue $1.2 billion of securities backed by aircraft lease receivables, according to Fitch Ratings.
May 19 -
American Tower Corp. is prepping $875 million of notes backed by cell tower leases, according to Fitch Rating
May 18 -
Progress Residential plans to tap the securitization market with a deal backed by a $438 million, five-year loan that pays only on interest, which is secured on a pool of 3,317 single-family rental homes.
May 18 -
Carrefour Banque, the captive consumer finance arm of the French retailer Carrefour S.A., Europe's largest retailer, plans to sell 400 million ($454 million) of securities backed by credit card receivables.
May 18 -
As major banks have pulled back from originating Federal Housing Administration single-family loans, nonbank mortgage lenders have become bigger players in the Ginnie Mae program.
May 18 -
A select group of investors that buy the riskiest slices of commercial mortgage securitizations have lost their appetite for the very worst offending loans.
May 17
